Neiro, Immutable X, Arkham pumps as Bitcoin stalls

by Louvenia Conroy

Cryptocurrency prices were mostly flat on Sep. 23 as traders embraced a wait-and-seek for advance after closing week’s Federal Reserve resolution.

Bitcoin (BTC) rose to a multi-week excessive of $64,741 after which swiftly pulled assist to $63,377 while Ethereum (ETH) rose to $2,680.

This price motion mirrored that of the inventory market, as main U.S. indices like the Dow Jones, Nasdaq 100, and S&P 500 showed miniature motion.

However, some current cryptocurrencies continued to rally. Neiro (NEIRO), a extensively identified meme coin, surged to a file excessive of $0.0012, bringing its market cap to over $484 million. It has change into the ninth-largest meme coin, surpassing the likes of E book of Meme, Cat in a Dog’s World, and Mog Coin.

Immutable X (IMX), a favored layer-2 community for gaming and non-fungible tokens, soared to $1.9481, its absolute top stage since June 4. It has risen for seven consecutive days, more than doubling from its August low.

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Immutable has rallied as a result of its rising recognition amongst sport developers. Closing week, Immortal Rising 2 was as soon as deployed on its zkEVM community, a fundamental milestone since the game has hundreds of gamers globally.

Other newly launched games on the community consist of RavenQuest Segment 2, The Tree Verse, and Come up.

RavenQuest is now on hand to all americans!

Segment 2 is reside on Immutable. pic.twitter.com/RIxjFDhaBh

— Immutable (@Immutable) September 22, 2024

These games like ended in an magnify in NFT sales on Immutable. Info from CryptoSlamshows that total sales rose by over 16% to $3.4 million in the past seven days, led by Guild of Guardians Heroes, whose sales jumped by 17%.

Arkham (ARKM) was as soon as one other prime-performing cryptocurrency, rising to a excessive of $1.42, its absolute top stage since July 19. The token has gained recognition as a result of the huge files on hand on its ecosystem.

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Arkham price chart | Source: TradingView

Arkham price rebounded after forming a double-bottom chart pattern on the day-to-day chart. In technical prognosis, right here is one of the critical most bullish indicators out there. It has risen above its neckline at $1.40, indicating skill for further positive aspects.

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